Transaction Failed: Out of Gas

Each transaction (including token and contract transactions) require gas and that gas is paid in Ether. You can think of this like a transaction fee. The more computational effort a transaction takes, the more gas you need.

MyCrypto estimates how much gas you will need - but sometimes it doesn't get it right.

MyCrypto is an open-source, client-side tool for generating ether wallets, handling ERC-20 tokens, and interacting with the blockchain more easily. Developed by and for the community since 2015, we’re focused on building awesome products that put the power in people’s hands.